Weekly Top 5 NFT Marketplace [ 27-04-2022 to 03-05-2022 ] || Weekly REVIEW || 10% to TFC

Hope everybody is doing well. I'm fine too. Today, This blog is going to be very interesting. A lot has happened at NFT World in the last week. The value of a marketplace has increased, while the value of a marketplace has decreased. This all depends on the number of traders and the total volume. The more dollars that are traded in that marketplace, the more that marketplace will be ahead in the rankings. A marketplace only comes in the rankings when there is a very beautiful NFT collection and its demand is the highest for everyone.

It is natural that the marketplaces will fluctuate in the ranking. Today, This blog is not Tron-related. All types of marketplaces will be accepted here. As I told you before, NFT is becoming more and more popular. There are 3 types of people: - 1. Buyer, 2. Sellar and 3. Collector.

Buyers come to buy NFT and he is thinking of holding it. NFT creators come to sell their NFT and sell it at a price they like. And collectors basically buy NFT at a lower price and sell it at a higher price. It's basically like a business.

As you all know, I keep you updated on NFT Marketplace Every week. So for that reason, today's post is sorted. Hopefully, I will be able to show you this blog in a very beautiful and interesting way. So let's go:-

NFT marketplaces are gaining popularity day by day, as you all know. The number of users in these marketplaces is increasing every week. Due to which, the number of transactions in this marketplace has also increased manifold. And through these financial transactions, the marketplaces have gained more and more popularity. These rankings are based on the number of users and transactions in these marketplaces.

At the top of my list is OpenSea. This marketplace is constantly competing for the top spot. It pays close attention to its weekly volume, user, average price, etc. The number of traders in this marketplace last week was 200,712. About 16,000 traders have declined, compared to the previous week. Then the total volume was $1.23B. The volume increased by about 7%. Last week the average price was $1.76k.

LooksRare is in second place. This marketplace is doing all kinds of development work to stay ahead of the competition. The total number of traders in this marketplace last week was 8,420. The number of traders has decreased by about 2%. The total volume was 495.63M and the average price was 495.63M.

CryptoPunks is in the third position. This marketplace is becoming quite popular day by day. It has risen from 4th to 3rd place in the previous week. Its total volume is $ 13.46M. The number of traders is 87.

Then a brand new marketplace came up in the 4th position. This marketplace has never been featured in a serial before. The name of this marketplace is NFTrade. Its total number of traders is 2,623. Total volume $ 8.02M.

Magic Eden is in the fifth position. This marketplace is also completely new. Earlier, this marketplace could not take place in any ranking. But in the last week, this marketplace has gained a lot of popularity. Last week its total volume was $ 6.39M, the number of traders was 12,876.